Common Wellness Benefits Offered by Health Insurance Plans

Health is the biggest wealth in the true sense. No matter how much money you have, you cannot enjoy the luxuries that money can buy if your health is not in a good condition. Despite that, our health has taken a backseat in today’s fast-paced and hectic world of minting money. To break out of this new normal, health insurance providers in India offer wellness benefits. Read on to know more.

Read More

Policybazaar exclusive benefits
  • 30 minutes claim support*(In 120+ cities)
  • Relationship manager For every customer
  • 24*7 claims assistance In 30 mins. guaranteed*
  • Instant policy issuance No medical tests*

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply

*Tax benefit is subject to changes in tax laws. Standard T&C Apply

Find affordable plans with up to 25% Discount**
  • 1
  • 2
  • 3
  • 4

Who would you like to insure?

  • Previous step
    By clicking on “Continue”, you agree to our Privacy Policy and Terms of use
    Previous step

      Popular Cities

      Previous step
      Previous step

      Do you have an existing illness or medical history?

      This helps us find plans that cover your condition and avoid claim rejection

      Get updates on WhatsApp

      What is your existing illness?

      Select all that apply

      Previous step

      When did you recover from Covid-19?

      Some plans are available only after a certain time

      Previous step
      Advantages of
      entering a valid number
      You save time, money and effort,
      Our experts will help you choose the right plan in less than 20 minutes & save you upto 80% on your premium

      Why Do Health Insurance Offer Wellness Benefits?

      Several health insurance providers today offer wellness benefits as part of their health plans and incentivize policyholders who lead a healthy lifestyle. They actually reward people for prioritizing their health and maintaining a healthy lifestyle. As a result, they encourage policyholders to watch what they eat, when they sleep and how fit are they. 

      In fact, the latest guidelines of the Insurance Regulatory & Developmental Authority of India (IRDAI) have also directed insurance companies to offer preventive health & wellness benefits under health insurance plans to promote fitness and healthy living. The regulatory body has allowed insurers to offer these wellness benefits as in-built covers as well as optional/ add-on covers.

      People also read: All You Need to Know About Health Insurance Wellness Programs

      How Do Wellness Benefits Work in Health Insurance?

      Typically, preventive health and wellness benefits are available in the form of wellness points or reward points under health insurance plans. The insurance company rewards the policyholder with points for staying fit, inculcating healthy habits and leading a healthy lifestyle. 

      The policyholders can redeem these points to get a discount on the renewal premium, pharmacy bills, consultation fees, etc. They can also be redeemed to avail services offered by network hospitals and empanelled service providers.

      The insurance companies clearly specify the various good health markers in the policy document for the policyholder’s reference. Once the policy period commences, they use digital devices and mobile applications to track these good health markers and monitor the progress of the insured.

      The wellness points are rewarded at periodic intervals or at least once a year based on the policyholder’s progress, such as on achieving a pre-specified milestone. For example, some insurers reward wellness points if the insured completes a fixed number of steps every day. 

      People Also read: Are Wellness Benefits in Health Insurance Useful?

      Common Wellness Benefits Under Health Insurance

      Check out some of the most common wellness benefits offered by health insurance providers in India:

      1. Preventive Health Check-ups

        Several health insurance providers offer preventive health check-up facilities as part of their wellness benefits. Policyholders get their preventive health check-ups done regularly allowing them to monitor their health and detect any health condition or disease at an early stage. 

        Policyholders can get these check-ups done at any of their network service providers, which are available free of cost or at a discounted price.

        Know more about Preventive Health Check-ups

      2. Discount on Healthcare Services

        Health and wellness points can be used to earn discounts on various healthcare expenses, such as OPD consultation or treatments, diagnostic tests, medicines, etc. These discounts can be availed at a network hospital or service provider of the insurance company. Moreover, they also offer redeemable vouchers that can be used to buy health supplements.

      3. Personal Wellness Coach

        Most health insurance plans provide a personal wellness coach to policyholders as part of their wellness benefits. The coach acts like a personal mentor who helps policyholders to adopt a healthy lifestyle and suggests a personalized course to achieve various health goals. For instance, the coach can help the policyholder to follow a customized diet plan or exercise routine and suggest ways to maintain a good BMI and quit bad habits, such as smoking.

        The wellness coach sets a realistic target for the policyholder to make a lifestyle change. The redeemable wellness points are rewarded when the policyholder achieves the set target. 

      4. Access to Health Maintenance Services

        Policyholders can also earn wellness points to earn a discount on health maintenance services. They can redeem these points to get a membership of various wellness centres, such as gyms, sports clubs, yoga centres, fitness centres, etc., at a discounted price. 

      5. Discounts on Renewal Premium

        Health and wellness points can be used to reduce the renewal premium of the health insurance policy. If the wellness benefit is available as an add-on cover, these points can be used to earn a discount on its renewal amount. While some plans allow policyholders to reduce their premium for up to a fixed limit, others enable them to save up to 100% on the premium amount if they earn a certain number of points.

      6. Second Medical Opinion

        Some health insurance plans also offer a second medical opinion to policyholders as part of health and wellness benefits. It enables policyholders to get a second opinion from a qualified medical professional for any critical disease or severe medical condition. The best part is that the policyholder does not have to pay for the consultation fees as it is taken care of by the insurance company.

      Summing It Up

      Preventive health and wellness benefits encourage policyholders to choose a healthy lifestyle. This is the prime reason why IRDAI has directed health insurance providers to offer various wellness benefits as part of their plans. So, make sure to check your policy document and go through the wellness benefits offered by your insurer. Do not forget to inculcate healthy habits and earn maximum points to make the most of them.

      Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.

      Health insurance articles

      Recent Articles
      Popular Articles
      Is a 10 Lakh Health Insurance Adequate in Your City?

      10 Jan 2024

      An ongoing medical inflation of 14 percent in India (the highest
      Read more
      Dental Treatment Coverage from Star Health Insurance

      21 Dec 2023

      The rising costs of healthcare services have made it necessary for
      Read more
      11 Reasons Why Senior Citizens Should Buy Aditya Birla Activ One Plan

      05 Dec 2023

      Health insurance is one of the biggest assets that senior citizens
      Read more
      10 Reasons Why Your Health Insurance Claim Can Get Rejected

      01 Dec 2023

      Health insurance plans add a layer of invisible protection against
      Read more
      Knee Replacement Surgery Cost in India

      30 Nov 2023

      Knee pain has become a very common ailment in India, with over 15
      Read more
      How to Apply for Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (PM-JAY)?
      Ayushman Bharat Yojana is a flagship health insurance scheme launched by the Government of India to offer universal
      Read more
      Best Health Insurance Plans for Senior Citizens
      Senior citizens are the most prone to diseases. Considering the medical inflation in India, buying health insurance
      Read more
      10 Major Benefits of Ayushman Bharat Yojana
      Pradhan Mantri Jan Arogya Yojana (PM-JAY) is the second component under Ayushman Bharat Scheme. PM Narendra Modi
      Read more
      Does Health Insurance Provide Coverage for LASIK Eye Surgery?
      A vast majority of the Indian population is suffering from vision problems. For some of them, LASIK eye surgery is
      Read more
      How Senior Citizens can save Tax with Medical Bills u/s 80 D?
      Senior citizens can save on income tax by availing tax benefits on medical expenses under Section 80D of the Income
      Read more

      Download the Policybazaar app
      to manage all your insurance needs.